Can a non-citizen get a mortgage and auto loan?

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I have a friend who says that she was the co-signer for a mortgage, and an auto loan. At the time she signed for the mortgage, she had only been married and living in the US for about 4 years. She had been part-time employed for maybe a year. Her husband at the time had about a 50 K a year income, but apparently had terrible credit, and that is why she had to co-sign for the loans for the house and car. She has a visa, which apparently last 15 years according to her, so she is legal to work, but not a citizen. I’m curious, is it even possible for her to be the primary signer for a mortgage or auto loan if she is not a citizen and only working a minimum wage job part-time for only a year? She also said they had to sell the house because it was going to be foreclosed and she didn’t want it to ruin her credit because everything was in her name. I don’t know anything about non-citizens and credit, is all this possible??

4 Comments
  1. Reply
    FrankieBones
    April 30, 2011 at 1:05 am

    Maybe, but I would imagine the degree of difficulty going way way way up.

  2. Reply
    someone
    April 30, 2011 at 1:24 am

    Yes since she is married to a citizen, has a USA TIN number, pays income taxes she can cosign for loans

  3. Reply
    loanmasterone
    April 30, 2011 at 1:35 am

    You do not have to be a citizen of the United States to purchase homes or cars in the United States.. I am at a loss as to why individuals on this forum think being a citizen is a requirement to own a car or house in the United States.

    There are many individuals that do not live here,nor work here but have vacation homes here in the United States. They also don’t have a TIN number either as this is not a requirement to purchase property in the United States nor acquire a mortgage loan in order to purchase this property.

    Married couples normally apply and is approved for a mortgage loan. In this case they are not called co-signers, but co-borrowers as indicated on the mortgage loan application.

    I hope this has been of some benefit to you, good luck.

    “FIGHT ON”

  4. Reply
    Lotus Lim
    April 30, 2011 at 1:48 am

    There are plenty of places and sources that offer loans for people with bad credit with no-hassle applications and easy requirements.

    Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your emergency need and situation. Check the site listed below, it has information and bad credit lenders listed off and on.here some good for you.

    http://www.bestonlineloancompanies.com

    good luck!..

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